Catylist ID:
#12155414
CAPITOL CITY INDUSTRIAL CENTER
Industrial
for Lease
Also listed as Office
| Catylist Listing ID: | 12155414 |
| Property Subtypes: | Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other |
| Contiguous Space: | 139,670 SF |
| Building Size (RSF): | 191,300 SF |
| Gross Land Area: | 21.49 Acres |
| Lease Rate: |
$5.95 - 9.95 PSF (Annual) |
| Base Monthly Rent: | $69,253 - 115,809 |
| Lease Types: | NNN |
| Ceiling: | 15 ft. |
| Docks/Doors: | 4 Docks |
| Building Name: | Capitol City Industrial Center former Rivco Building |
| Last Updated: | 4/15/2024 |
Overview / Comments
|
This large industrial and mixed use facility offers municipal water, sewer, natural gas and rail within a 500 ft proximity. It is located at 77 Merrimack Street in Penacook, NH and is now in the ECONOMIC REVITALIZATION ZONE - Penacook Tax Increment Finance District. Years ago this was the headquarters for Rivco, Inc Central NH location near the new Merchants Way development off I93 which includes Market Basket, Home Goods & Tesla superchargers as well as Monitor Way, a proposed mixed-use project with 650 housing units. The property can be subdivided into smaller units. Additional lower ceiling space is available with loading docks. A rare find in the Concord, NH area! A total of approximately 139,670 +/- SF remaining of manufacturing, warehousing and office space. A large amount of lease space currently has 9' to 14' ceilings. Approximately 10,000 SF of office space available plus other areas in the building ideal for office, creative office environment, artisans, light manufacturing. Combination of steel & wood framing & concrete block / brick construction Office space has rooftop HVAC (natural gas) Manufacturing heat: Rooftop make up air (natural gas). There is a total of approximately 139,670 +/- SF of manufacturing and office space available. Ample parking and outdoor storage space available. See new lease rates attached. 3 wet sprinkler system and 3 dry sprinkler systems 240 Volt delta main service 277/480 volt Total NNN expenses budgeted are $2.50 PSF which includes Common Area Maintenance (CAM), building insurance and real estate taxes. Tenants include The Concord Monitor leasing the 44,006 SF of high bay space, and Pitco Frialator leasing over 24,000 SF and Company C leasing 36,000 SF. |
Attachments & Media
Expand All Available Space
| Available Space | 139,670 SF | $5.95 - 9.95 PSF (Annual) NNN |
| Level/Floor: | 1 | |
| Space Available: | 139,670 SF | |
| Lease Rate: |
$5.95 - 9.95 PSF (Annual) $69,253 - 115,809 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Total building size is 190,794 +/- SF - currently now available 139,670 +/- SF. See attached for floor plans, site plans and lease rates on individual units.
NNN expenses are currently $2.50 PSF. Tenant to pay own utilities, interior cleaning, internet, telephone and NNN expenses. SEE ATTACHED LEASE RATES ON EACH SECTION. Lowest ceiling height is 9 feet to 14 feet depending on location in building. There is one area in the building with a loading dock that has higher ceilings. There is one high bay space of 36,000 SF Additional office, creative artisan space or manufacturing space available. SEE ATTACHED LEASE RATES. Budgeted NNN Expenses for 2024 are $2.50 PSF. |
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| Space Subcategory: | Warehouse/Distribution, Manufacturing | |
| Date Available: | 10/3/2019 | |
| Space Type: | New | |
| Parking Spaces | 175 | |
| Tax Expenses | $0.73 PSF (Annual) | |
| Operating Expenses | $1.77 PSF (Annual) | |
| Ceiling | 15 ft. Clear | |
| Loading Docks | 4 | |
Additional Details
| Nearest MSA: | Concord |
| County: | Merrimack |
| Tax ID/APN: | 0534/P 3/ / / |
| Zoning: | INDUSTRIAL - IN |
| Market Type: | Large |
| Property Located Between: | 5 minutes from Exit 17 off Interstate 93 |
| Road Type: | Paved |
| Transportation: | Rail, Highway, Other |
| Highway Access: | Minutes from Interstate 93. Interstate 93 north, Exit 17, take right at ramp, cross over 2 bridges: the 1st is NH Veterans Memorial Bridge - you are crossing over the river, the 2nd bridge immediately following, you are crossing over the rail road tracks. Take first left (Tremont St not easily marked) where sign says "to Penacook". Cross over a 3rd bridge and take first left onto Macoy Street (right after 3rd bridge). Property is almost immediately on your left at corner of Macoy Street and Merrimack Street. |
| Site Description: | Total Land area of 21.49 Acres. City water and sewer. North side is 17.9 acres with 191,300 +/- SF building. Includes 814 feet of frontage on the north side of Merrimack Street, 455 feet on the northeast side of Bridge Street and approximately 500 feet on the Contoocook River. The north side property includes two parking areas of 62 striped spaces and 60 striped spaces in separate designated parking areas surrounding the main facility. The south side property consisting of 3.59 acres of land includes approximately 389 feet of frontage on the south side of Merrimack Street and 151 feet on the east side of Rolfe Street. Located across the street from the main 191,300 +/- SF facility. Access to this area is primarily from Merrimack Street with access from Rolfe Street. Includes 53 striped spaces. Potential site for a build to suit. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1925 |
| Year Renovated: | 2000 |
| Roof Type: | Flat |
| Construction/Siding: | Metal Siding, Steel Frame, Wood Frame, Other |
| Exterior Description: | Total of 6 loading docks depending on location. |
| Parking Type: | Structure, Surface |
| Total Parking Spaces: | 175 |
| Column Spacing: | 0000 |
| Sprinklers: | Wet, Dry |
| X-Phase: | 3 |
| Heat Source: | Central, Wall Units, Ceiling Units |
| Zoning Description: | IN - Industrial |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 922 | 12,680 | 29,303 |
| Median Age: | 39.55 | 38.05 | 39.51 |
| Households: | 386 | 5,153 | 11,244 |
Contact
Wendy E. KeelerFairway Real Estate, LLCNECPE Member |
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